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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Sales $ 815.2 $ 753.7 $ 2,493.9 $ 2,423.8
Cost of sales 553.8 558.4 1,696.7 1,740.2
Gross margin 261.4 195.3 797.2 683.6
Selling and administrative expense 184.2 161.0 553.5 529.9
Operating income 77.2 34.3 243.7 153.7
Interest expense, net (26.9) (30.3) (80.1) (88.5)
Other (expense) income, net (0.3) 1.0 (2.1) 1.5
Income from continuing operations before income taxes 50.0 5.0 161.5 66.7
Income tax (expense) benefit (11.3) 0.1 (39.3) (18.0)
Net income from continuing operations 38.7 5.1 122.2 48.7
Loss from discontinued operations, net of income taxes 0.0 0.0 0.0 (0.9)
Net income 38.7 5.1 122.2 47.8
Net income attributable to noncontrolling interests (0.5) 0.0 (1.0) (0.7)
Net income attributable to Avient common shareholders $ 38.2 $ 5.1 $ 121.2 $ 47.1
Earnings (loss) per share attributable to Avient common shareholders - Basic        
Continuing operations (in USD per share) $ 0.42 $ 0.06 $ 1.33 $ 0.53
Discontinued operations (in USD per share) 0 0 0 (0.01)
Total (in USD per share) 0.42 0.06 1.33 0.52
Earnings (loss) per share attributable to Avient common shareholders - Diluted        
Continuing operations (in USD per share) 0.41 0.06 1.32 0.52
Discontinued operations (in USD per share) 0 0 0 (0.01)
Total (in USD per share) $ 0.41 $ 0.06 $ 1.32 $ 0.51
Weighted-average shares used to compute earnings per common share:        
Basic (in shares) 91.3 91.1 91.3 91.1
Dilutive impact of share-based compensation (in shares) 1.0 0.8 0.7 0.7
Diluted (in shares) 92.3 91.9 92.0 91.8
Anti-dilutive shares not included in diluted common shares outstanding (in shares) 0.4 0.5 0.4 0.6
Cash dividends declared per share of common stock (in USD per share) $ 0.2575 $ 0.2475 $ 0.7725 $ 0.7425